Oil Prices Climb as Middle East Unrest Outweighs Demand Concerns
Oil prices ended the week on an uptick, influenced by Middle East unrest, overshadowing the International Energy Agency’s (IEA) lowered demand expectations. Brent crude ended the day up $0.61, or 0.74%, at $83.47 a barrel. U.S. West Texas Intermediate (WTI) increased by $1.16, or 1.49%, to $79.19. The April WTI contract also rose, gaining $0.87 […]